Many people are familiar with rent as a typical family expense, but it can be perplexing when it comes to financial classification. Is rent considered debt? No, rent itself is not considered debt. What is Rent? A renter pays a landlord rent on a regular basis to use a building or property. A rental agreement … Read more
Credit is a financial arrangement in which a lender provides a borrower with money, goods, or services in exchange for the borrower’s promise to repay the lender at a later date. Credit can take many forms, such as loans, credit cards, and lines of credit. When you borrow credit, you are required to pay back … Read more
Receiving a debt collector’s call can be both frustrating and overwhelming. However, if you receive a call from a collection agency, don’t panic. Pause and plan so you can handle future calls and, if necessary, pay off your debt. When it comes to debt collection, it’s critical to understand your rights. Let’s go over exactly … Read more
It’s obvious that we now live in a credit-driven world. There are numerous banking institutions that provide various types of credit, ranging from credit cards to personal loans. Bad credit score situations arise due to lack of financial education and discipline on the part of the majority of these consumers, they frequently find themselves in … Read more
What is a Bad Credit Score? Concerned about your bad credit score? In this article, we’ll show you how to clear your bad credit history and boost your credit score to 750 or higher. The bad credit score is the worst situation. A credit score in the range of 300-550 is considered as bad. This not only … Read more